The Australian watchdog said the steep spike in AUD against the USD ahead of the RBA's interest rate decision on April 7th was due to normal market operations in conditions of low liquidity.
Read moreThe Australian Securities and Investments Commission (ASIC) today showed once again that it is keeping tight control over the retail Forex industry in the country. The watchdog has issued a public warning, notifying investors that Forex broker Grandegoldens Pty Ltd does not have the necessary Australian Financial Services licence to operate in Australia. The company…
Read moreFollowing several subtle warnings by ASIC regarding the keen eye that is being kept on retail FX, LeapRate has learned that firms applying for ASIC licenses are being given a veritable cold shoulder
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